4040 S Calumet Avenue, Chicago, IL 60653

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
4040 S Calumet Avenue,Chicago, IL 60653
$799,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sophie beaudoin
Office: re/max top performers
MLS#:12584754
Source:MLSNI

Price summary

  • Price:$799,000

About this home

Exceptional investment opportunity in the heart of historic Bronzeville. This fully renovated three-unit building at 4040 S. Calumet Ave offers investors a rare turn-key asset with strong income and long-term appreciation potential. The property has undergone a complete rehabilitation in recent years, with significant updates throughout the building. Each unit is currently rented at above-market rents, providing immediate cash flow and stable tenancy for the new owner. The building has been well-maintained and updated, making it an ideal low-maintenance addition to an investment portfolio. With continued development and rising demand in Bronzeville, this property is well-positioned to benefit from long-term neighborhood growth and increasing property values. Located just minutes from downtown Chicago, residents enjoy easy access to public transportation, major expressways, and nearby amenities, including Washington Park, the Lake Michigan lakefront, and the DuSable Black History...

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Home facts

  • Year built:1893
  • Listing ID #:12584754
  • Updated:August 14, 2026 at 11:20 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1893
  • Lot area:0.07 Acres
  • Lot Features:Landscaped

Schools

  • High school:Phillips Academy High School
  • Middle school:Wells Preparatory Elementary Sch
  • Elementary school:Wells Preparatory Elementary Sch

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Tax amount:$11,292 (2024)
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